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Lets say we are in June right now? can we still use January 2011 Beta?
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I believe you can.Beta is the historical covariance of a security with the market index and if you are using the bottom up beta(average of these historical betas of the firms in your sector) i don't think that will change significantly in few months
Thanks hermits. Really appreciate it. Do you know about my other question on interest cash flow?
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